Maxim F. Levinson

Department Chair - Corporate (Moscow) Partner

Maxim Levinson Photo


P: +7.495.545.0780 F: +7.495.545.0778

Oil and Gas, Power and Natural Resources

  • Gazprom subsidiary – acquisition of a 19.39 percent stake in Novatek, Russia’s second-largest gas producer, listed on the LSE, with market capitalization at completion in excess of $11.5 billion
  • Investor – acquisition of a controlling stake in OJSC Sibneftegaz, a Russian company holding significant gas reserves
  • Investor representing the interests of the Gazprom Group – acquisition of a controlling stake in TGK-1 through the acquisition of additional shares and shares held by RAO UES, for a total consideration of approximately $2.8 billion
  • Central Fuel Company – $920 million share swap transaction, which resulted in the acquisition by CFC of a minority stake in Sibir Energy plc and the divestiture of CFC’s stake in the Moscow Oil and Gas Company
  • Foreign investor – acquisition of a minority stake in an independent Russian gas producer
  • Deutsche Bank AG as dealer-manager and broker – $1 billion tender offer for shares in OJSC Polyus Gold, Russia’s largest gold producer

Chemical Industry

  • SIBUR, a leading Russian petrochemical company – acquisition of a stake in a major petrochemical plant and related joint venture arrangements
  • PhosAgro Group, a leading Russian producer of fertilizers and chemicals – domestic and cross-border acquisition of enterprises engaged in the mineral fertilizers sector


  • Consortium of investors – acquisition of a controlling stake in OMZ-Izhora, a leading Russian producer of heavy machinery, listed on the LSE and a number of stock exchanges in Russia and Germany
  • Investor – tender offer for the shares in OMZ-Izhora
  • Leading Russian regional bank – sale of a majority stake in a major producer of oil well equipment

White Goods, Consumer Products

  • Electrolux – proposed acquisition of a Russian producer of white goods
  • Tarkett Sommer, a leading floor manufacturer – €100 million joint venture with Sintelon A.D., a Serbian floor covering manufacturer with operations in Russia
  • ZAO Tarkett, a Russian subsidiary of Tarkett Sommer AG – equity and asset acquisition projects in Russia

Corporate Restructuring Projects

  • EBRD, IFC and DEG - merger of MDM bank and URSA bank to create the largest privately owned retail bank in Russia
  • TNK-BP, a leading Russian oil company – $18 billion corporate restructuring involving the merger of more than 600 Russian and offshore group companies
  • Gazprombank – corporate restructuring of SIBUR, a leading Russian petrochemical company
  • Leading Russian chemicals group – major corporate restructuring project
  • TMK, a leading Russian pipe manufacturer – pre-IPO restructuring involving accession of a large operating subsidiary
  • Foreign investment fund – investment in, and subsequent corporate restructuring of, a major Russian/CIS food and beverage production and distribution group
  • Brunswick – corporate restructuring of its rail leasing companies and creation of an infrastructure for its railcar leasing operations in Russia

Multilateral, Project and Bank Finance

  • Export credit agencies, multilateral lenders and commercial bank lenders – $20 billion project financing of a PSA-related project in Russia
  • Deutsche Bank AG – $580 million LBO of a leading Russian retail chain
  • Gazprombank – multiple financings and debt restructurings, including a $740 million share monetization facility and a $130 million mezzanine financing facility for the acquisition of shares in a Russian pipeline construction company
  • Russian Post, Russia’s national post operator – multiple financings, including €52.4 and €66 million ECA-backed financings by Commerzbank AG, Commerzbank Eurasia (ZAO), and Fortis of automated mail sorting centers in the Moscow region and St. Petersburg

Asset Finance

  • Aeroflot–Russian Airlines, Russia’s largest airline – multiple financings, including the ECA-backed finance lease of eight Airbus A320 family aircraft, named “Debt Deal of the Year Europe” by Jane’s Transport Finance Magazine in November 2003, and “European Deal of the Year 2003” by Airfinance Journal, July 2004, and subsequent PDP financings and finance leases of Airbus A-320 family aircraft in 2005-2010

Real Estate and Construction

  • Russian Post – automated mail sorting center turnkey construction projects in the Moscow region and St. Petersburg
  • AVA Allgemeine AG, a German supermarket chain – greenfield development project relating to its first supermarket in Russia
  • Foreign investment fund – investments in retail and multipurpose property in Moscow and St. Petersburg
  • ENKA, a Turkish construction and real estate development company – relocation of an industrial plant from downtown Moscow
  • Foreign lender – real estate financing facilities in relation to retail, commercial and industrial properties in Moscow, St. Petersburg and Novosibirsk